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For Sale

350 Booth Street, West Centre Town, ON K1R 7K4

$2,198,000

  • Commercial Retail
  • MLS® X12628958

Listing Brokerage: COLDWELL BANKER FIRST OTTAWA REALTY

Description

7.5% cap rate. ICONIC building located on a CORNER lot with an existing commercial tenant (restaurant) that's been operating since 1995 in the ground floor unit. This can be a turn-key investment or for self-use owner-occupied as well. 3 apartments on the upper floor. Each unit is approximately 600-700 sq ft. 6 parking spots on site. Restaurant seats 100 with 25 patio seating as well. Liquor licensed. The restaurant premise is approximately 2000 sq ft. Functional lower level and being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, full bathroom. Each apartment pays their own hydro. Well-maintained building and turnkey investment. Roof replaced in 2023. Viewings are by appointment only through the listing agent. Please respect the restaurant business that's in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer.

Property details

MLS® number
X12628958
Transaction
For Sale
Property type
Commercial
Style / use
Commercial Retail
Community
4205 - West Centre Town
City
West Centre Town
Lot width
53.5 Feet
Lot depth
74.62 Feet
Heating
Gas Forced Air Closed
Cooling
Partial
Garage
Visitor
Taxes
$20,000.00
Tax year
2025
Listing brokerage
COLDWELL BANKER FIRST OTTAWA REALTY

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